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Nikola Reports Q2 Shortfall but FCEV Sales Grow

Nikola Corp. reported a 103% revenue increase but wider losses in the second quarter as electric vehicle sales gained momentum, the company announced Aug. 9.

August 9, 2024

Road to NTDC Spotlight: Rick Cates

Rick Cates likes to say the moment he arrived at the National Truck Roadeo more than five decades ago, he knew he was home. He'll renew his annual homecoming later this month at NTDC.

August 9, 2024

CHIPS Act Turns 2, Stays on Track

The Biden administration is nearly finished dividing up $39 billion in grants under the CHIPS and Science Act, the landmark legislation aimed at revitalizing the semiconductor industry.

August 9, 2024

Trucking Insurance Concerns Go Beyond High Premiums

Although high premiums have been a top concern, industry leaders and state regulators have taken action to curb other insurance challenges that greatly affect the industry at large.

August 9, 2024

How Carriers Are Taming Insurance Costs

Insurance costs have been ­steadily increasing post-COVID amid high inflation, increased labor and equipment costs, and larger settlements. Here's what fleets are doing to combat them.

August 9, 2024

WeRide May Seek Up to $400 Million in US IPO, Placement

China’s WeRide Inc. is seeking as much as $400 million in a U.S. initial public offering and concurrent private placement, people familiar with the matter said.

August 9, 2024

Amazon Tests Speedy Delivery Service Featuring Kia Souls

Amazon.com Inc. has deployed a new secret weapon in its same-day delivery operation: a convoy of Kia Souls.

August 8, 2024

Pipeline Firms in Talks With Data Centers About Gas Supply

Energy Transfer and Williams Cos. are talking to data center operators about building pipelines directly to their facilities to fuel on-site power plants as the centers prepare for a boom in AI.

August 8, 2024

Class 8 Truck Orders Stumble Again in July

ACT preliminary data showed orders fell 13% to 13,400 units. They also experienced a drop of 8% from the previous month.

August 8, 2024